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i was there with ronald reagan. he gave specifics in terms of tax expenditures. 97% of the small businesses pay less than -- make less than $250,000. adds funds -- hedge funds that makes $600 million a year. let's look at how sincere they are. governor romney, 10 days ago, was asked, you pay 14% on $20 million. someone making $50,000 paid more than that. do think that is fair? he said, yes, that is fair. you think these guys are going to cut those loopholes? the biggest loophole they take advantage is that carried interest loophole and capital gains loophole. there is not enough -- the reason why the study, the american enterprise institute study, the reason they all say it is going to go up for the middle class, the only way you can find $5 trillion and loopholes is cut the mortgage deduction for middle-class people. cut the health care deduction for middle-class people. that is why -- >> she is wrong about that. you can still preserve these -- he is wrong about that. >> not mathematically possible. >> it has been
i was there with ronald reagan. he gave specifics in terms of tax expenditures. 97% of the small businesses pay less than -- make less than $250,000. adds funds -- hedge funds that makes $600 million a year. let's look at how sincere they are. governor romney, 10 days ago, was asked, you pay 14% on $20 million. someone making $50,000 paid more than that. do think that is fair? he said, yes, that is fair. you think these guys are going to cut those loopholes? the biggest loophole they take...
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Oct 12, 2012
10/12
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>> look at what ronald reagan and tip o'neill did. they worked together out of a framework to lower tax rates and broaden the base and worked together to fix that. what we're saying is, here's our framework. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. so what we're saying is, deny those loopholes and deductions to higher income taxpayers so more of their income is taxed which has a broader base of taxation. >> can i translate? >> so we can lower tax rates across the board. here's why i'm saying this. what we're saying -- >> i hope i'm going to get time to respond to this. >> you'll get time. >> we want to work with the congress on how best to achieve this. that means successful. >> no specifics -- >> what we're saying is lower tax rates 20%. start with the wealthy, work with congress to do it. >> you guarantee this math will add up? >> absolutely. six studies guaranteed, verified this math adds up. >> vice president biden? >> let me translate. let m
>> look at what ronald reagan and tip o'neill did. they worked together out of a framework to lower tax rates and broaden the base and worked together to fix that. what we're saying is, here's our framework. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. so what we're saying is, deny those loopholes and deductions to higher income taxpayers so more of their income is taxed which has a broader base of...
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Oct 12, 2012
10/12
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. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. so what we're sayg is s >>et to lower tax rates across the board. here's why i'm saying this. >> i hope i'm getting a timed response. >> you'll get time. >> we want to work with congress on how best to achieve this. that means successful -- >> no specifics, again. >> what we're saying is lower tax rates 20%. start with the wealthy. work with congress. >> can you guarantee this math will add up? >> absolutely. >> six study advisory guaranteed. six study advisory verified this math adds up. >> vice president biden. vice president biden. >> let me translate. let me have a chance to translate. >> i'll come back in a second then, right? >> i was there when ronald reagan -- he gave specifics to what he was going to cut, number one, in terms of tax expendit
. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. so what we're sayg is s >>et to lower tax rates across the board. here's why i'm saying this. >> i hope i'm getting a timed response. >> you'll get time. >> we want to work with...
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Oct 12, 2012
10/12
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FBC
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>> i think he might, he might take cues in a since of knowing how ronald reagan approached the debate to maintain a friendly disposition to be alert to the questions, and respond appropriately. and also to be very polite, and to be the gentlemen he always was. neil: ed, i am wondering, as a former attorney general, now, a lot of legal questions raised about the benghazi blow up, what the administration knew, many are demanding to see cables from ambassador stephens that they think shows he was concerned about his safety, that it could blow up, and legally it should be investigated, and warrant the hiring of a special prosecutor. do you think it blows up to be that big of an issue, and do you think it will come up in this debate. >> it may come up, i think that the administration is in a very tough position, they have two answers, which were not good, one is they were incompetent the other, they were lying. neil: true to your word, keeping it straight and simple like your old boss. if it takes away from this administration. you heard from time again from vice president that osama bin l
>> i think he might, he might take cues in a since of knowing how ronald reagan approached the debate to maintain a friendly disposition to be alert to the questions, and respond appropriately. and also to be very polite, and to be the gentlemen he always was. neil: ed, i am wondering, as a former attorney general, now, a lot of legal questions raised about the benghazi blow up, what the administration knew, many are demanding to see cables from ambassador stephens that they think shows...
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Oct 12, 2012
10/12
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i was there when ronald reagan -- to give specifics of what he was going to cut. in terms of -- he gave specifics in what he was going to cut. 90% of american businesses make less than 2 luckett $50,000. that counts as businesses. governor romney 10 days ago was asked, you pay 40% on $20 million. some are making $50,000 and paid more than that. do you think that is fair and he said that is fair. you think these guys are going to go out there and cut those loopholes? the loopholes, the biggest loophole that take advantage of is the interest loophole and capital gains loophole. the extent that. there's not enough -- the reason why the aei study, the tax policy center study, the reason they say it will -- taxes will go up on the middle class, the only way you can 5 -- fined $5 trillion is cut the local production. cut the health care deduction, take away their ability to take a tax break to send their kids to college. >> he is wrong about that. you can cut tax rates by 20% and still preserve these preferences for middle-class taxpayers. >> not mathematically possible
i was there when ronald reagan -- to give specifics of what he was going to cut. in terms of -- he gave specifics in what he was going to cut. 90% of american businesses make less than 2 luckett $50,000. that counts as businesses. governor romney 10 days ago was asked, you pay 40% on $20 million. some are making $50,000 and paid more than that. do you think that is fair and he said that is fair. you think these guys are going to go out there and cut those loopholes? the loopholes, the biggest...
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Oct 10, 2012
10/12
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this is person and ronald reagan was the last republican to win. maybe credit is, well, to this guy, republican pennsylvania governor, only one of four governors to get a grade of "a." in a new ca testimony o -- ca testimony o tax reform policies. the fine governor joining me now. governor, thank you for coming. >>guest: thanks for having me on today. >>neil: maybe your policies are helping, but it cuts both way. i am sure you just want them to feel their lot is improving regardless of who politically benefits. why do you think the polls are narrowing? what are they discovering? >>guest: well, in regard to the polls here in pennsylvania, what i see are people that are starting to go back to work. we are slowly getting the economy moving in pennsylvania. we have growth going on in our energy sector, in our biotech sector. we saved jobs down in philadelphia with the refineries that were going out of business a year ago. there is a positive feeling that is starting, just starting. as it goes to the polls, i don't think that people in pennsylvania are
this is person and ronald reagan was the last republican to win. maybe credit is, well, to this guy, republican pennsylvania governor, only one of four governors to get a grade of "a." in a new ca testimony o -- ca testimony o tax reform policies. the fine governor joining me now. governor, thank you for coming. >>guest: thanks for having me on today. >>neil: maybe your policies are helping, but it cuts both way. i am sure you just want them to feel their lot is improving...
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Oct 12, 2012
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. >> ronald reagan -- >> reporter: at the end, each man summed up and both chose to attack. >> my friend says that 30% of the american people are takers. romney points out 47% of the people won't take responsibility. he's talking about my mother and father. talking about the places i grew up, my neighbors. he's talking about, he's talking about the people that built this country. all they're looking for is an even shot. >> president obama, he had his chance. he made his choices. this is not what a real recovery looks like. you deserve better. mitt romney and i want to earn your support. we're offering real reforms for a real recovery for every american. >> at least it was a lot better watch than the romney/obama. meanwhile hashtag mularkey is trending nationwide. and martha raddatz has received 80,000 twitter mentions, some saying martha for vice president. >>> next, our political insiders are going to tell us who made the grade tonight. [ feedback ] attention, well, everyone. you can now try snapshot from progressive free for 30 days. just plug this into your car, and your good driving
. >> ronald reagan -- >> reporter: at the end, each man summed up and both chose to attack. >> my friend says that 30% of the american people are takers. romney points out 47% of the people won't take responsibility. he's talking about my mother and father. talking about the places i grew up, my neighbors. he's talking about, he's talking about the people that built this country. all they're looking for is an even shot. >> president obama, he had his chance. he made his...
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Oct 12, 2012
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. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower taxes 20%. 1.1 million in loopholes and deductions. deny those loopholes and deductions to higher-income taxpayers so more income is taxed, which has a broader base of taxation. and here is why i'm saying this. what we're saying -- >> i hope i get time to respond to this? >> you will get time. >> we want to work with congress, that means specifically. >> no specific. >> what we're saying is lower tax rates 20%. >> and you guarantee this math will add up. >> six studies have guaranteed and said this math adds up. >> let me translate. >> i'll come back in a second, right? >> i was there when ronald reagan you gave tax rates, he gave specifics of what he would cut in terms of taxan expenditures. 90% of small businesses in america make less than 250,000. let me tell you who other small businesses are. hedge funds, that make $600, $800 million a year. that will count as small b
. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower taxes 20%. 1.1 million in loopholes and deductions. deny those loopholes and deductions to higher-income taxpayers so more income is taxed, which has a broader base of taxation. and here is why i'm saying this. what we're saying -- >> i hope i get time to respond to this? >> you will get time. >> we want to...
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Oct 12, 2012
10/12
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>> look at what -- look at what ronald reagan and tip o'neill did. they worked together out of a frame work to lower tax rates and broaden the base and fix na. we are saying, here's our frame work, lower tax rates 20%. we raised $1.2 trillion in income taxes and forego $1.1 trillion in loophole deductions. we are saying, deny the loopholes and deductions to higher-income taxpayers, so more of their income is taxed -- >> can i translate? >> to lower the tax rates across the board. what we are saying -- >> i hope i get time to respond-- >>> you will get time. >> we want to work with congress on how best to achieve this. >> martha: no specifics? >> lower tax rates 20%, start with the wealthy. work with congress to do it? >> martha: you guarantee this math will add up. >> six studies have guaranteed and verified. >> martha: vice-president -- [overlapping dialogue] >> let me translate. let me have a chance to translate. >> first of all, i was there when ronald reagan tax rates and he gave specifics of what he was going to cut, number 1 nterms of tax expen
>> look at what -- look at what ronald reagan and tip o'neill did. they worked together out of a frame work to lower tax rates and broaden the base and fix na. we are saying, here's our frame work, lower tax rates 20%. we raised $1.2 trillion in income taxes and forego $1.1 trillion in loophole deductions. we are saying, deny the loopholes and deductions to higher-income taxpayers, so more of their income is taxed -- >> can i translate? >> to lower the tax rates across the...
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Oct 12, 2012
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. >> first of all, i was there when ronald reagan gave specifics to what he was going to cut in terms of tax expenditures. 97% of small-business americans paid -- make less than $250,000. amid tell you who some of the other small businesses are. hedge funds that make a hundred million dollars a year. that is what they call as small business. gov. romney on 60 minutes about 10 days ago was asked, you pay 14% on $20 million. somebody making $50,000 face more than that. he said that is fair. that is fair. do you think these guys are going to go out there and cut the loopholes? the biggest loophole they take advantage of is the carriage entrance loophole and the capital gains loophole. the reason that the american enterprise study, the tax policy center study all say taxes will go up on the middle-class is it is the only way you can find at $5 trillion and loopholes as to cut the mortgage deduction for middle-class people, take away their ability to get a tax break to send their kids to college. >> is he wrong about that? >> he is wrong about that. and cut tax rates by 20% and still prese
. >> first of all, i was there when ronald reagan gave specifics to what he was going to cut in terms of tax expenditures. 97% of small-business americans paid -- make less than $250,000. amid tell you who some of the other small businesses are. hedge funds that make a hundred million dollars a year. that is what they call as small business. gov. romney on 60 minutes about 10 days ago was asked, you pay 14% on $20 million. somebody making $50,000 face more than that. he said that is fair....
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Oct 11, 2012
10/12
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. >> in addition, when you are president, and this is why ronald reagan lost his first debate and why president george w. bush lost his first reelection debate, it has been four years. anybody has gotten in your grill. nobody tells you what you think. he is not used to it. but the president almost seriously -- physically was taken aback as romney went at it. the romney folks knew months ago that the debate prep would be the manhattan project of their campaign. that was where they would flip the switch if they had any possibility to. we saw a romney moved -- who his family had been encouraging the campaign to let him be more of himself, less scripted. we saw him all come out. he has to do with two more times. there are a number of countries that will tell you you only get one single attack. [laughter] to apologize to any of the ambassadors of our exalted -- insulted. charlotte -- charlie mentioned new jersey leno. it abused me hearing the obama's cams series of excuses. david letterman did the top 10 excuses. number 5 was mitt romney's here is mesmerizing. number 2 was asked osama bin
. >> in addition, when you are president, and this is why ronald reagan lost his first debate and why president george w. bush lost his first reelection debate, it has been four years. anybody has gotten in your grill. nobody tells you what you think. he is not used to it. but the president almost seriously -- physically was taken aback as romney went at it. the romney folks knew months ago that the debate prep would be the manhattan project of their campaign. that was where they would...
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Oct 14, 2012
10/12
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ronald reagan famously said that the soviet union was the evil empire. do you think that russia under vladimir putin is an evil empire? >> i think they've engaged in an evil behavior and i think that it is important that we understand they're not the old soviet union but they still have nationalist impulses that i think are very dangerous. >> senator mccain? >> maybe. >> maybe. >> depends on how we respond to russia and it depends on a lot of things. if i say yes, then that means that we're reigniting the old cold war. if i say no, it ignores their behavior. obviously energy is going to be a big, big factor. and georgia and ukraine are both major gateways of energy into europe. and that's one of the reasons why it's in our interest. but the russians, i think we can deal with them but they've got to understand that they're facing a very firm and determined united states of america that will defend our interests and that of other countries in the world. >> all right. we're going to try to get in two more questions, if we can. so we have to move along. over
ronald reagan famously said that the soviet union was the evil empire. do you think that russia under vladimir putin is an evil empire? >> i think they've engaged in an evil behavior and i think that it is important that we understand they're not the old soviet union but they still have nationalist impulses that i think are very dangerous. >> senator mccain? >> maybe. >> maybe. >> depends on how we respond to russia and it depends on a lot of things. if i say yes,...
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Oct 12, 2012
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>> ryan: look at what ronald reagan and tip o'neill did. they worked together to lower tax rates and broaden the base and worked together to fix that. we're saying here is our framework, lower tax rates about 20% -- we forgo about $1.1 trillion in loop holes and deductions so what we're saying is deny those loophole and deductions to higher income taxpayers so more of their income is taxed -- >> biden: can i translate. >> ryan: so we can lower tax rates across the board -- >> biden: i hope i'm going to get time to respond -- >> you'll get time. >> ryan: we want to work on how to achieve this -- >> no specifics, then. >> ryan: lower tax rates 20%, start with the wealthy -- >> can you guarantee this math will add up. >> ryan: six studies have verified that this will add up -- >> vice president biden. >> biden: let me have a chance to translate. ronald reagan gave specifics to what he was going to cut number one in terms of tax expenditures. number two 90% of the small businesses in america make less than $250,000. let me tell you who some of
>> ryan: look at what ronald reagan and tip o'neill did. they worked together to lower tax rates and broaden the base and worked together to fix that. we're saying here is our framework, lower tax rates about 20% -- we forgo about $1.1 trillion in loop holes and deductions so what we're saying is deny those loophole and deductions to higher income taxpayers so more of their income is taxed -- >> biden: can i translate. >> ryan: so we can lower tax rates across the board --...
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Oct 7, 2012
10/12
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ronald reagan, 1948, making fun of the age issue. >> make it memorable. >> make it memorable. make it funny brsh if you make it slightly self-deprecating, those are the best. it makes you more likable. >> i think you should moderate one in four years from now. we'll see. we'll start a petition for you, dean. have a great sunday. thank you. >> you too. thanks a lot. >>> from sean connery to daniel craig, who is your favorite james bond? you have to pick one. the cinematic spy has turned 50. we'll share some great bond moments and some bond trivia you may not already know. at shell, we believe the world needs a broader mix of energies. that's why we're supplying natural gas to generate cleaner electricity... that has around 50% fewer co2 emissions than coal. and it's also why, with our partner in brazil, shell is producing ethanol - a biofuel made from renewable sugarcane. >>a minute, mom! let's broaden the world's energy mix. let's go. as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios in that time there've been
ronald reagan, 1948, making fun of the age issue. >> make it memorable. >> make it memorable. make it funny brsh if you make it slightly self-deprecating, those are the best. it makes you more likable. >> i think you should moderate one in four years from now. we'll see. we'll start a petition for you, dean. have a great sunday. thank you. >> you too. thanks a lot. >>> from sean connery to daniel craig, who is your favorite james bond? you have to pick one. the...
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Oct 12, 2012
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>> ryan: look at what ronald reagan and tip o'neill did. they worked together to lower tax rates and broaden the base and worked together to fix that. we're saying here is our framework, lower tax rates about 20% -- we forgo about $1.1 trillion in loop holes and deductions, so what we're saying is deny those loophole and deductions to higher income taxpayers so more of their income is taxed -- >> biden: can i translate. >> ryan: so we can lower tax rates across the board -- >> biden: i hope i'm going to get time to respond -- >> you'll get time. >> ryan: we want to work on how to achieve this -- >> no specifics, then. >> ryan: lower tax rates 20%, start with the wealthy -- >> can you guarantee this math will add up. >> ryan: six studies have verified that this will add up -- >> vice president biden. >> biden: let me have a chance to translate. ronald reagan gave specifics to what he was going to cut number one in terms of tax expenditures. number two 90% of the small businesses in america make less than $250,000. let me tell you who some of
>> ryan: look at what ronald reagan and tip o'neill did. they worked together to lower tax rates and broaden the base and worked together to fix that. we're saying here is our framework, lower tax rates about 20% -- we forgo about $1.1 trillion in loop holes and deductions, so what we're saying is deny those loophole and deductions to higher income taxpayers so more of their income is taxed -- >> biden: can i translate. >> ryan: so we can lower tax rates across the board --...
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Oct 12, 2012
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. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. and they worked together to fix that. what we're saying is, here's our framework, lower taxerates about 20%. we forego about 1.1 trillion in loopholes and deductions. whoa we're saying is deny those loopholes and deductions to higher income taxpayers to more of their income is taxed. so we can lower tax rates across the board. here's why i'm saying this. >> i hope i'm going to get time to respond to this one. >> you'll get time. >> we want to work with congress on how to achieve this. >> no specifics? >> lower tax rates 20%. start with the wealthy. work with congress to do it. >> you guarantee this math will add up? >> six studies have guaranteed. six study have verified this math adds up. >> let me have a chance to translate. i was there when ronald reagan gave specifics on what he would cut. number two, 97% of small businesses in america make less than $250,000. let me tell you who some of the small businesses are. hedge
. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. and they worked together to fix that. what we're saying is, here's our framework, lower taxerates about 20%. we forego about 1.1 trillion in loopholes and deductions. whoa we're saying is deny those loopholes and deductions to higher income taxpayers to more of their income is taxed. so we can lower tax rates across the board. here's why i'm saying this. >> i hope i'm...
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Oct 12, 2012
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. >> i was there when ronald reagan -- >> 800 million billion -- >> i've been to afghanistan 20 times. >> i was there, man, million billion, it's the cripplingest of crippling sanctions, like, ever, man. that's where i would go. >> what touted me was the loving way paul was staring at joe while he was talking. made me think about what might he have been thinking when he's staring at paul with this loving gaze? i wondered maybe he might say tell me more about how you used to get legislation passed in the continental congress. >> nice. >> very grandfatherly. >> i'm not a funny person. my thought was -- >> oh, stop it. >> you're not intentionally funny. >> thank you. >> yes, you are. >> do the exact opposite. how about biden is presented as a calm, placid figure. >> yes. >> precisely worded sentences and -- that's all i got. >> and ryan comes out in his outfit from "time" magazine, his weight lifting magazine pumping iron. >> oh, man. the ha the hat backwards. >> that would be awesome. >> whatever happens it's going to be amazing. >> great ideas. >> i'm sure they have ideas of their own.
. >> i was there when ronald reagan -- >> 800 million billion -- >> i've been to afghanistan 20 times. >> i was there, man, million billion, it's the cripplingest of crippling sanctions, like, ever, man. that's where i would go. >> what touted me was the loving way paul was staring at joe while he was talking. made me think about what might he have been thinking when he's staring at paul with this loving gaze? i wondered maybe he might say tell me more about how...
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president carter lost to ronald reagan, president reagan lost his first debate to robert mondale. president bush lost his first debate to bill clinton and ross perot. next president bush lost his first debate to john kerry. so when president obama lost his first debate last week to his challenger, mitt romney, that outcome was totally in keeping with the sad, sad incumbent president tradition of getting creamed in their first debate. but what hat means for tonight is that the democrats are looking for a solid performance to try to stop the republican momentum, to try to quash the poll imbalance that romney and ryan have been enjoying since the debate last week even if stephanie cutter tried to tell us a minute ago there was so much bounce. to that end, chuck todd joins us from the debate site with new polling information out today. chuck, what do we know today, chuck? >> i think we know, look, there has been some movement in romney's direction. now, some of it is, i would say, if you look at everything we've learned over the last few days, in our polling, in ohio, florida, and vir
president carter lost to ronald reagan, president reagan lost his first debate to robert mondale. president bush lost his first debate to bill clinton and ross perot. next president bush lost his first debate to john kerry. so when president obama lost his first debate last week to his challenger, mitt romney, that outcome was totally in keeping with the sad, sad incumbent president tradition of getting creamed in their first debate. but what hat means for tonight is that the democrats are...
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Oct 7, 2012
10/12
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it is also the second most watched debate ever after the 1980 meeting between ronald reagan and jimmy carter. senator biden and governor palin met at washington university in st. louis. it is one hour 40 minutes. good evening. the commission on presidential debates is a sponsor of this event and the two remaining presidential debates. tonight's discussion will cover a wide range of topics, including domestic and foreign- policy matters. it will be divided roughly into it will be divided roughly into
it is also the second most watched debate ever after the 1980 meeting between ronald reagan and jimmy carter. senator biden and governor palin met at washington university in st. louis. it is one hour 40 minutes. good evening. the commission on presidential debates is a sponsor of this event and the two remaining presidential debates. tonight's discussion will cover a wide range of topics, including domestic and foreign- policy matters. it will be divided roughly into it will be divided roughly...
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Oct 12, 2012
10/12
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>> first of all, i was there when ronald reagan was there. he gave specifics of what he was going to cut, number one, in terms of tax expenditures. number two, 97% of the small businesses in america make less than $250,000. let me tell you who some of those other small businesses, hedge funds that make $600, $800 million a year. they dhunt as small business. let's look at how sincere they are. governor romney on "60 minutes" about ten days ago was asked, governor, you pay 14% on $20 million. someone making $50,000 paid more than that. do you think that's fair? he said oh, yes, that's fair. that's fair. and they're going to talk -- you think these guys are going to go out there and cut those loopholes? the biggest loophole they take advantage of is the carried interest loophole and capital gains loophole. they exempt that. now, the reason why. aei study, the american enterprise institute study, the tall policy center study, the reason they say taxes are going up on the middle class, the only way you can find $5 trillion in loopholes is cut the
>> first of all, i was there when ronald reagan was there. he gave specifics of what he was going to cut, number one, in terms of tax expenditures. number two, 97% of the small businesses in america make less than $250,000. let me tell you who some of those other small businesses, hedge funds that make $600, $800 million a year. they dhunt as small business. let's look at how sincere they are. governor romney on "60 minutes" about ten days ago was asked, governor, you pay 14% on...
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Oct 14, 2012
10/12
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i was there with ronald reagan. he gave specifics in terms of tax expenditures. 97% of the small businesses make less than $250,000. hedge funds that make $600 million a year. let's look at how sincere they are. governor romney on "60 minutes," 10 days ago, was asked, you pay 14% on $20 million. someone making $50,000 pays more than that. do think that is fair? he said, yes, that is fair. you think these guys are going to cut those loopholes? the biggest loophole they take advantage of is that carried interest loophole and capital gains loophole. there is not enough -- the reason why the american enterprise institute study, the reason they all say it is going to go up for the middle class, the only way you can find $5 trillion in loopholes is cut the mortgage deduction for middle-class people. cut the health care deduction for middle-class people. that is why -- >> he is wrong about that. >> not mathematically possible. >> it has been done before. >> it has never been done before. >> it has been done a couple of tim
i was there with ronald reagan. he gave specifics in terms of tax expenditures. 97% of the small businesses make less than $250,000. hedge funds that make $600 million a year. let's look at how sincere they are. governor romney on "60 minutes," 10 days ago, was asked, you pay 14% on $20 million. someone making $50,000 pays more than that. do think that is fair? he said, yes, that is fair. you think these guys are going to cut those loopholes? the biggest loophole they take advantage...
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>> first of all, i was there with ronald reagan. he gave specific to what he was going to cut, number one, in terms of tax expenditures. number two, 97% of the small business in america pay less than-- make less than $250,000. let me teal you who some of other small businesses are, hedge funds that make 600, 800 million a year. that's who they count as small business because they're pass-through. let's look at how sincere they e.e. governor romney on "60 minutes--" i guess it was about 10 days ago-- was asked, governor you pay 14% on $20 million. someone making $50,000 pays more than that. do you think that's fair? he said oh, yes, that's they are, that's fair. and they're going-- you think these guys are going to go out there and cut those loopholes. the biggest loophole they take advantage of is the carried interest loophole and capital gains loophole. they exempt that. there's not enough it's reason why the a.a.i. study, the american enterprise institute study, the tax policy study, the reason they say taxes will go up on the mid
>> first of all, i was there with ronald reagan. he gave specific to what he was going to cut, number one, in terms of tax expenditures. number two, 97% of the small business in america pay less than-- make less than $250,000. let me teal you who some of other small businesses are, hedge funds that make 600, 800 million a year. that's who they count as small business because they're pass-through. let's look at how sincere they e.e. governor romney on "60 minutes--" i guess it...
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Oct 11, 2012
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governor ronald reagan who became a two-term president, won the cold war, successful president. and congressman ryan, he has been the chairman of the budget committee. he's had to deal with a number of national security issues. when you are head of the budget committee, you're crafting a budget every year. those numbers are actually connected to real programs, real priorities in the realm of foreign policy, and i think -- look, he's not joe biden. he hasn't had decades in serving on the senate foreign relations committee and having participated in many debates over the years on a range of these issues, but he knows where he stands. he knows where he's anchored on these issues, and i think he'll be comfortable talking about that. >> the abortion issue has popped up. it may pop up tonight. i don't know. governor romney saying one thing to the des moines register editorial board. i know what the romney/ryan position is on abortion and about life. is there going to be an active attempt to pass more pro life legislation. >> no. i think that governor romney -- >> what message are you
governor ronald reagan who became a two-term president, won the cold war, successful president. and congressman ryan, he has been the chairman of the budget committee. he's had to deal with a number of national security issues. when you are head of the budget committee, you're crafting a budget every year. those numbers are actually connected to real programs, real priorities in the realm of foreign policy, and i think -- look, he's not joe biden. he hasn't had decades in serving on the senate...
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for the record, ronald reagan reduced taxes on the rich and revenues went up. lou: governor romney made it clear that he will work with the democrats. megyn: lou dobbs, thank you so much. the supreme court this week takes up a case that could do away with decades of affirmative action. we will look at this long-standing law and why one property manager says it may not pass review by the justices be mad if they can make it into an academic sector of the school. megyn: a picture-perfect launch for the first cargo mission of the international space station. >> three, two, one. we have lift off. megyn: how about that. the falcons six rocket blasting off cape canaveral. it was built by spacex, which has a $1.6 billion deal with nasa to carry out resupply missions. it begins a three-day fight for space. it is carrying vital gear for the crew members at the space station. good for our sales become a thing of the past? it may sound nuts, but that question is being asked because of the supreme court case that raises questions about whether a company still owns the right
for the record, ronald reagan reduced taxes on the rich and revenues went up. lou: governor romney made it clear that he will work with the democrats. megyn: lou dobbs, thank you so much. the supreme court this week takes up a case that could do away with decades of affirmative action. we will look at this long-standing law and why one property manager says it may not pass review by the justices be mad if they can make it into an academic sector of the school. megyn: a picture-perfect launch...
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biden: ronald reagan gave specifics to what he was going to cut, number one. number two, 97% of the small businesses in america pay less -- make less than $250,000. let me tell you who some of those other small businesses are, hedge funds that make six, eight hundred million dollars a year. what they count as small business because they're pass-through. let's look at how sincere they are. ronald -- i mean, excuse me, governor romney on "60 minutes," i guess it was about ten days ago was asked, golf, you pay 14% on $20 million. some are making $50,000 pay more than that. do you think that's fair? he said, oh, yes, that's fair. and they're going to talk -- you think these guys are going to go out there and cut those loopholes? the biggest loophole they take advantage of is the carried interest loophole and capital gains loophole. they exempt that. now, there's not enough -- the reason why the aei study, the american enterprise institute study, the tax policy center study, the reason they all say it's going to go up on the middle class, the only way you can find
biden: ronald reagan gave specifics to what he was going to cut, number one. number two, 97% of the small businesses in america pay less -- make less than $250,000. let me tell you who some of those other small businesses are, hedge funds that make six, eight hundred million dollars a year. what they count as small business because they're pass-through. let's look at how sincere they are. ronald -- i mean, excuse me, governor romney on "60 minutes," i guess it was about ten days ago...